Between 2016 and 2018, cryptocurrencies produced a bona fide financial bubble. Nothing typified the madness better than the craze for initial coin offerings meant to fund software projects that promised to revolutionise everything from online gaming to file storage. Maybe you invested. More likely, you intuited something was awry when your Uber driver started asking for crypto recommendations and a friend began touting a blockchain-based ledger designed to track marijuana supply chains.
2016年至2018年期间，加密货币产生了真正的金融泡沫。最能体现这种疯狂的莫过于人们对“首次代币发行”(ICO)的狂热，这种首次代币发行的目的是为软件项目提供资金，这些项目有望革一切东西的命——从在线游戏到文件存储。或许你已经投资。更有可能的是，当优步(Uber)司机开始让你推荐加密货币，朋友开始吹捧一种用于追踪大麻供应链的、基于区块链的分类账簿时，你的直觉告诉你，出了问题。
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